Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
MCCORMICK & COMPANY, INC.
EIN 52-0408290food productionLatest filing 2024
Plans
7
Retirement
4
$1.64B assets
Welfare
3
$7.8M premiums
Participants
23,211
24 SCHILLING ROAD, SUITE 1 - HUNT VALLEY, MD 21031410-771-7950mccormickcorporation.comLinkedIn10001+ employeesfood production
Retirement portfolio analytics
4 plans aggregated / $1.64B assets / 12,976 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
3 plans / $7.8M premiums / 8,663 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Health$4.0M
- Prescription drug$3.9M
- Other$3.3M
- Life$3.2M
- Dental$1.3M
- Vision$476K
Carrier market share
Premium dollars by Schedule A carrier
51%top
- AETNA LIFE INSURANCE COMPANY51%
- METROPOLITAN LIFE INSURANCE COMPANY42%
- EYEMED VISION CARE6%
- CIGNA HEALTH AND LIFE INSURANCE COMPANY1%
- CAREBRIDGE CORPORATION1%
Broker market share
Schedule A broker compensation
100%top
- MARSH & MCLENNAN AGENCY LLC100%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#004
MCCORMICK 401(K) RETIREMENT PLAN
401k
Assets$968.2M
Participants6,038
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#003
MCCORMICK PENSION PLAN
CashBalance
Assets$632.7M
Participants5,879
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#010
THE FRENCH'S FOOD COMPANY LLC RETIREMENT PLAN FOR UNION EMPLOYEES
CashBalance
Assets$38.4M
Participants862
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#005
THE FRENCHS UNION 401(K) RETIREMENT PLAN
401k
Assets$1.2M
Participants197
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#513
MCCORMICK GROUP HEALTH & LIFE PLAN - RETIREES
Fully Insured - AETNA LIFE INSURANCE COMPANY
Premiums$5.2M
Covered lives1,447
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#512
MCCORMICK & COMPANY, INC. HEALTH AND WELFARE PLAN
Mixed - METROPOLITAN LIFE INSURANCE COMPANY
Premiums$2.5M
Covered lives7,216
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#501
MCCORMICK DISABILITY PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans4
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 004 | MCCORMICK 401(K) RETIREMENT PLAN | 401k | $968.2M | 6,038 | 2024 | |
| 003 | MCCORMICK PENSION PLAN | CashBalance | $632.7M | 5,879 | 2024 | |
| 010 | THE FRENCH'S FOOD COMPANY LLC RETIREMENT PLAN FOR UNION EMPLOYEES | CashBalance | $38.4M | 862 | 2024 | |
| 005 | THE FRENCHS UNION 401(K) RETIREMENT PLAN | 401k | $1.2M | 197 | 2024 |
Welfare plans3
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 513 | MCCORMICK GROUP HEALTH & LIFE PLAN - RETIREES | Fully Insured | AETNA LIFE INSURANCE COMPANY | $5.2M | 1,447 | 2024 | |
| 512 | MCCORMICK & COMPANY, INC. HEALTH AND WELFARE PLAN | Mixed | METROPOLITAN LIFE INSURANCE COMPANY | $2.5M | 7,216 | 2024 | |
| 501 | MCCORMICK DISABILITY PLAN | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans